607 Coronation Ave | $999,000
Non-Viva Agent Agent Photo
Chris Sutton
P. 604-257-8888
Phone Chris
Sutton Group-West Coast Realty

BC
Canada

Details

%
Years (35 year max)
Years



Address 607 Coronation Ave
AreaDuncan
Sub AreaEast Duncan
State/ProvinceBritish Columbia
CountryCanada
Price$999,000
Property TypeSingle Family
Bedrooms3
Bathrooms2
Floor Space4104 Square Feet
Lot Size6200.00 Square Feet
WaterfrontNo
Taxes $7,386
Tax Year2020
MLS® #891774

This family-owned Convenience store has been a pillar of the community in Duncan for many decades. Just a 45 - minute drive from the Nanaimo Ferry to Vancouver, and an hour to Victoria Ferry. This is the only commercial zoned lot in the area surrounded by residential limiting competition. Zoning allows for mixed-use development providing a good long-term investment opportunity. The store comes with a 3 Bedroom house attached, perfect for owner operator or to provide accommodation for a live-in manager couple. Sales increasing year- over-year. No franchise fees, no gas company to deal with. Current owners have raised their family supported by this business and are ready to retire. Plenty of upside for new owner willing expanding offerings and open hours. Flexible zoning allows for restaurant, retail, office, etc. Take advantage of low interest rates to build equity, have a place to live and earn a solid income without having to leave home.

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Data Source: Statistics Canada
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